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SUBSTITUTE: Placed on I" Reading & Referred <br />to Finance Committee 2/1/16. <br />Second Reading 2/16/16. <br />D. (1) resurfacing various streets in the City, (II) improving sidewalks within the <br />City and (111) improving parks within the City, including Lakewood Park, Wagar <br />Park and the Lakewood Park Skate House, together with all necessary <br />appurtenances thereto; 15 years <br />E. Replacing or improving the roofs of City Hall, City Hall Annex, Winterlmrst Ice <br />Rink and the City's service garage; I 1 years <br />F. (I) Improving parks within the City, including Lakewood Park, Wagar Park and <br />the Lakewood Park State House, together with all necessary appurtenances <br />thereto and (II) improving sidewalks within the City; 10 years <br />D. Constructing and equipping a radio tower and other safety related improvements <br />for municipal purposes, with related site improvements and appurtenances thereto; <br />30 years <br />E. Acquiring refuse and recycling containers for municipal purposes; 10 years <br />3. The weighted average of said maturities is 20 years, therefore the maximum maturity of a <br />single issue of bonds proposed to be issued to pay the cost of such permanent <br />improvements, calculated in accordance with Section 133.20, Ohio Revised Code, is 20 <br />years. <br />Dated: March 7, 2016 <br />Director" inane <br />City of Lakewood, Ohio <br />9377291x4 <br />